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In February, Border's Books was trading for about $10 a share. As December rolled around, Border's stock price had collapsed to $1 a share, and as of Christmas the stock had fallen to less than half that, closing Christmas Eve at $0.38 per share.

Ouch.

Some people think Borders will survive until February; there are others expecting a fire sale sometime in the next week or so.

I wonder if now is the time to grab all the Java, Wikimedia, and DHTML books I've been holding off on purchasing.

US News and World Report says that Christmas sales were so bad, post-Christmas sales promise to have the deepest cuts in history. I'm not a big fan of shopping, and I sorta doubt sex toys will be on sale, but maybe I'll brave the weather and head out to see what I can find in the coming week.

Date: 2008-12-27 02:11 am (UTC)
From: [identity profile] purly.livejournal.com
One of the first things I cut out of my budget are the expensive media purchases. Borders sells overpriced items IMO. I buy from Amazon or look for cheaper options.

Besides, I am hesitant to purchase physical media these days. Storage space is expensive and the digital version of everything is cheaper anyways.

Date: 2008-12-27 02:31 am (UTC)
From: [identity profile] elfs.livejournal.com
I tend to agree for audio and video, but for books the sensual experience of reading is still bound up in lying in bed or a bathtub and thumbing through the pages. Reading is still a slow enough experience that passive light and turning pages are part of the pleasure.

Date: 2008-12-27 02:33 am (UTC)
From: [identity profile] purly.livejournal.com
I've started going to the library a lot more. They know who I am now.

Anyways, I do still buy some books. But I'm looking at buying a Kindle when they release the new one. It's just more convenient for me since I travel for work.

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